Thinking Mathematically (6th Edition)
Thinking Mathematically (6th Edition)
6th Edition
ISBN: 9780321867322
Author: Robert F. Blitzer
Publisher: PEARSON
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Chapter 14.1, Problem 19E

In Exercises 19-20, a security guard needs to walk the streets of the neighborhood shown in each figure. The guard is to walk down each street once, whether or not the street has houses on both sides. Draw a graph that models the neighborhood. Use vertices to represent the street intersections and corners. Use edges to represent the streets the security guard needs to walk.

Chapter 14.1, Problem 19E, In Exercises 19-20, a security guard needs to walk the streets of the neighborhood shown in each

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4. Assume that a risk-free money market account is added to the market described in Q3. The continuously compounded rate of return on the money market account is log (1.1). (i) For each given μ, use Lagrange multipliers to determine the proportions (as a function of μ) of wealth invested in the three assets available for the minimum variance portfolio with expected return μ. (ii) Determine the market portfolio in this market and calculate its Sharp ratio.
3. A market consists of two risky assets with rates of return R₁ and R2 and no risk-free asset. From market data the following have been estimated: ER₁ = 0.25, ER2 = 0.05, Var R₁ = 0.01, Var R2 = 0.04 and the correlation between R1 and R2 is p = -0.75. (i) Given that an investor is targeting a total expected return of μ = 0.2. What portfolio weights should they choose to meet this goal with minimum portfolio variance? Correct all your calculations up to 4 decimal points. (ii) Determine the global minimum-variance portfolio and the expected return and variance of return of this portfolio (4 d.p.). (iii) Sketch the minimum-variance frontier in the μ-σ² plane and indicate the efficient frontier. (iv) Without further calculation, explain how the minimum variance of the investor's portfolio return will change if the two risky assets were independent.
2. A landlord is about to write a rental contract for a tenant which lasts T months. The landlord first decides the length T > 0 (need not be an integer) of the contract, the tenant then signs it and pays an initial handling fee of £100 before moving in. The landlord collects the total amount of rent erT at the end of the contract at a continuously compounded rate r> 0, but the contract stipulates that the tenant may leave before T, in which case the landlord only collects the total rent up until the tenant's departure time 7. Assume that 7 is exponentially distributed with rate > 0, λ‡r. (i) Calculate the expected total payment EW the landlord will receive in terms of T. (ii) Assume that the landlord has logarithmic utility U(w) = log(w - 100) and decides that the rental rate r should depend on the contract length T by r(T) = λ √T 1 For each given λ, what T (as a function of X) should the landlord choose so as to maximise their expected utility? Justify your answer. Hint. It might be…

Chapter 14 Solutions

Thinking Mathematically (6th Edition)

Ch. 14.1 - Prob. 5CVCCh. 14.1 - Fill in each blank so that the resulting statement...Ch. 14.1 - Prob. 7CVCCh. 14.1 - Fill in each blank so that the resulting statement...Ch. 14.1 - Fill in each blank so that the resulting statement...Ch. 14.1 - The graph models the baseball schedule for a week....Ch. 14.1 - The graph models the baseball schedule for a week....Ch. 14.1 - The graph models the baseball schedule for a week....Ch. 14.1 - The graph models the baseball schedule for a week....Ch. 14.1 - Prob. 5ECh. 14.1 - Prob. 6ECh. 14.1 - In Exercises 7-8, explain why the two figures show...Ch. 14.1 - In Exercises 7-8, explain why the two figures show...Ch. 14.1 - Eight students form a math homework group. The...Ch. 14.1 - Prob. 10ECh. 14.1 - Prob. 11ECh. 14.1 - In Exercises 11-12, draw a graph that models the...Ch. 14.1 - In Exercises 13-14, create a graph that models the...Ch. 14.1 - In Exercises 13-14, create a graph that models the...Ch. 14.1 - In Exercises 15-18, draw a graph that models (he...Ch. 14.1 - In Exercises 15-18, draw a graph that models (he...Ch. 14.1 - In Exercises 15-18, draw a graph that models the...Ch. 14.1 - In Exercises 15-18, draw a graph that models the...Ch. 14.1 - In Exercises 19-20, a security guard needs to walk...Ch. 14.1 - In Exercises 19-20, a security guard needs to walk...Ch. 14.1 - In Exercises 21-22, a mail carrier is to walk the...Ch. 14.1 - In Exercises 21-22, a mail carrier is to walk the...Ch. 14.1 - In Exercises 23-33, use the following graph. Find...Ch. 14.1 - In Exercises 23-33, use the following graph....Ch. 14.1 - In Exercises 23-33, use the following graph. Which...Ch. 14.1 - In Exercises 23-33, use the following graph. 26....Ch. 14.1 - In Exercises 23-33, use the following graph. 27....Ch. 14.1 - In Exercises 23-33, use the following graph. Use...Ch. 14.1 - Prob. 29ECh. 14.1 - Prob. 30ECh. 14.1 - Prob. 31ECh. 14.1 - In Exercises 23-33, use the following...Ch. 14.1 - Prob. 33ECh. 14.1 - Prob. 34ECh. 14.1 - In Exercises 34-48, use the following...Ch. 14.1 - In Exercises 34-48, use the following graph. Which...Ch. 14.1 - In Exercises 34-48, use the following graph. Which...Ch. 14.1 - In Exercises 34-48, use the following graph. Use...Ch. 14.1 - In Exercises 34-48, use the following...Ch. 14.1 - In Exercises 34-48, use the following graph. Use...Ch. 14.1 - Prob. 41ECh. 14.1 - Prob. 42ECh. 14.1 - In Exercises 34-48, use the following...Ch. 14.1 - In Exercises 34-48, use the following graph,...Ch. 14.1 - In Exercises 34-48, use the fallowing graph....Ch. 14.1 - Prob. 46ECh. 14.1 - Prob. 47ECh. 14.1 - In Exercises 34-48, use the following graph....Ch. 14.1 - Prob. 49ECh. 14.1 - In Exercises 49-52, draw a graph with the given...Ch. 14.1 - In Exercises 49-52, draw a graph with the given...Ch. 14.1 - In Exercises 49-52, draw a graph with the given...Ch. 14.1 - Prob. 53ECh. 14.1 - Prob. 54ECh. 14.1 - What are equivalent graphs?Ch. 14.1 - Prob. 56ECh. 14.1 - Prob. 57ECh. 14.1 - Prob. 58ECh. 14.1 - Prob. 59ECh. 14.1 - Prob. 60ECh. 14.1 - Prob. 61ECh. 14.1 - Prob. 62ECh. 14.1 - Prob. 63ECh. 14.1 - Prob. 64ECh. 14.1 - Prob. 65ECh. 14.1 - Make Sense? In Exercises dd-d9, determine whether...Ch. 14.1 - Make Sense? In Exercises dd-d9, determine whether...Ch. 14.1 - Prob. 68ECh. 14.1 - Prob. 69ECh. 14.1 - Prob. 70ECh. 14.1 - Use the information in Exercise 10 to draw a graph...Ch. 14.1 - Prob. 72ECh. 14.1 - Prob. 73ECh. 14.1 - Prob. 74ECh. 14.2 - CHECK POINT I Refer to the graph in Figure 1423....Ch. 14.2 - Prob. 2CPCh. 14.2 - Prob. 3CPCh. 14.2 - Prob. 4CPCh. 14.2 - Prob. 1CVCCh. 14.2 - Prob. 2CVCCh. 14.2 - Prob. 3CVCCh. 14.2 - Fill in each blank so that the resulting statement...Ch. 14.2 - Fill in each blank so that the resulting statement...Ch. 14.2 - Prob. 6CVCCh. 14.2 - Fill in each blank so that the resulting statement...Ch. 14.2 - Prob. 8CVCCh. 14.2 - Prob. 9CVCCh. 14.2 - Prob. 10CVCCh. 14.2 - Prob. 1ECh. 14.2 - Prob. 2ECh. 14.2 - Prob. 3ECh. 14.2 - In Exercises 1-6, use the graph shown. In each...Ch. 14.2 - Prob. 5ECh. 14.2 - Prob. 6ECh. 14.2 - Prob. 7ECh. 14.2 - In Exercises 7-8, a graph is given. a. Explain why...Ch. 14.2 - Prob. 9ECh. 14.2 - Prob. 10ECh. 14.2 - Prob. 11ECh. 14.2 - In Exercises 11-12, a graph is given. Explain why...Ch. 14.2 - In Exercises 13-18, a connected graph is...Ch. 14.2 - In Exercises 13-18, a connected graph is...Ch. 14.2 - Prob. 15ECh. 14.2 - In Exercises 13-18, a connected graph is...Ch. 14.2 - Prob. 17ECh. 14.2 - In Exercises 13-18, a connected graph is...Ch. 14.2 - Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 19-32, a graph is given. a. Determine...Ch. 14.2 - In Exercises 33-36, use Fleury’s Algorithm to find...Ch. 14.2 - In Exercises 33-36, use Fleury’s Algorithm to find...Ch. 14.2 - In Exercises 33-36, use Fleury’s Algorithm to find...Ch. 14.2 - In Exercises 33-36, use Fleury’s Algorithm to find...Ch. 14.2 - In Exercises 37-40, use Fleury’s Algorithm to find...Ch. 14.2 - In Exercises 37-40, use Fleury’s Algorithm to find...Ch. 14.2 - In Exercises 37-40, use Fleury’s Algorithm to find...Ch. 14.2 - In Exercises 37-40, use Fleury’s Algorithm to find...Ch. 14.2 - In Exercises 41-44, a graph is given. a. Modify...Ch. 14.2 - In Exercises 41-44, a graph is given. a. Modify...Ch. 14.2 - In Exercises 41-44, a graph is given. a. Modify...Ch. 14.2 - In Exercises 41-44, a graph is given. a. Modify...Ch. 14.2 - Prob. 45ECh. 14.2 - In Exercises 45-18, we revisit the four-block;...Ch. 14.2 - Prob. 47ECh. 14.2 - In Exercises 45-48, we revisit the four-block,...Ch. 14.2 - Prob. 49ECh. 14.2 - Prob. 50ECh. 14.2 - In Exercises 51-52, the layout of a city with land...Ch. 14.2 - In Exercises 51-52, the layout of a city with land...Ch. 14.2 - Prob. 53ECh. 14.2 - In Exercises 54-55, a floor plan is shown. a. Draw...Ch. 14.2 - In Exercises 54-55, a floor plan is shown. a. Draw...Ch. 14.2 - Prob. 56ECh. 14.2 - Prob. 57ECh. 14.2 - Prob. 58ECh. 14.2 - Prob. 59ECh. 14.2 - In Exercises 50-60, a map is shown. a. Draw a...Ch. 14.2 - Prob. 61ECh. 14.2 - Prob. 62ECh. 14.2 - Prob. 63ECh. 14.2 - Prob. 64ECh. 14.2 - Prob. 65ECh. 14.2 - Prob. 66ECh. 14.2 - Prob. 67ECh. 14.2 - Prob. 68ECh. 14.2 - Make Sense? In Exercises 69-72, determine whether...Ch. 14.2 - Prob. 70ECh. 14.2 - Prob. 71ECh. 14.2 - Make Sense? Zn Exerciser 69-72, determine whether...Ch. 14.2 - Prob. 73ECh. 14.2 - Prob. 74ECh. 14.2 - Prob. 75ECh. 14.3 - CHECK POINT I a. Find a Hamilton path that begins...Ch. 14.3 - Prob. 2CPCh. 14.3 - CHECK POINT 3 Use the weighted graph in Figure...Ch. 14.3 - Prob. 4CPCh. 14.3 - Prob. 5CPCh. 14.3 - Prob. 1CVCCh. 14.3 - Prob. 2CVCCh. 14.3 - Fill in each blank so that the resulting statement...Ch. 14.3 - Prob. 4CVCCh. 14.3 - Fill in each blank so that the resulting statement...Ch. 14.3 - Fill in each blank so that the resulting statement...Ch. 14.3 - Prob. 7CVCCh. 14.3 - Prob. 8CVCCh. 14.3 - Prob. 1ECh. 14.3 - In Exercises 1-4, use the graph shown. 2. Find a...Ch. 14.3 - Prob. 3ECh. 14.3 - In Exercises 1-4, use the graph shown. 4. Find a...Ch. 14.3 - Prob. 5ECh. 14.3 - In Exercises 5-8, use the graph shown. 6. Find a...Ch. 14.3 - Prob. 7ECh. 14.3 - In Exercises 5-8, use the graph shown. Find a...Ch. 14.3 - For each graph in Exercises 9-14, a. Determine if...Ch. 14.3 - For each graph in Exercises 9-4, a. Determine if...Ch. 14.3 - For each graph in Exercises 9-14, a. Determine if...Ch. 14.3 - For each graph in Exercises 9-14, a. Determine if...Ch. 14.3 - For each graph in Exercises 9-14, a. Determine if...Ch. 14.3 - For each graph in Exercises 9-14, a. Determine if...Ch. 14.3 - In Exercises 15-18, determine the number of...Ch. 14.3 - In Exercises 15-18, determine the number of...Ch. 14.3 - In Exercises 15-18, determine the number of...Ch. 14.3 - In Exercises 15-18, determine the number of...Ch. 14.3 - In Exercises 19-24, use the complete, weighted...Ch. 14.3 - In Exercises 19-24, use the complete, weighted...Ch. 14.3 - In Exercises 19-24, use the complete, weighted...Ch. 14.3 - In Exercises 19-24, use the comple\te, weighted...Ch. 14.3 - In Exercises 19-24, use the complete, weighted...Ch. 14.3 - In Exercises 19-24, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - In Exercises 25-34, use the complete, weighted...Ch. 14.3 - Practice Plus In Exercises 35-38, a graph is...Ch. 14.3 - Practice Plus In Exercises 35-3S, a graph is...Ch. 14.3 - Practice Plus In Exercises 35-38, a graph is...Ch. 14.3 - Practice Plus In Exercises 35-38, a graph is...Ch. 14.3 - Application Exercises In Exercises 39-40, a sales...Ch. 14.3 - Prob. 40ECh. 14.3 - Use the map to fill in the three missing weights...Ch. 14.3 - Prob. 42ECh. 14.3 - Using the Brute Force Method, the optimal solution...Ch. 14.3 - 44. Use the Nearest Neighbor Method to find an...Ch. 14.3 - In Exercises 45-47, you have three errands to run...Ch. 14.3 - In Exercises 45-47, you have three errands to run...Ch. 14.3 - Prob. 47ECh. 14.3 - Prob. 48ECh. 14.3 - Prob. 49ECh. 14.3 - Prob. 50ECh. 14.3 - Prob. 51ECh. 14.3 - Prob. 52ECh. 14.3 - Prob. 53ECh. 14.3 - Prob. 54ECh. 14.3 - Prob. 55ECh. 14.3 - 56. Why is the Brute Force Method impractical for...Ch. 14.3 - Prob. 57ECh. 14.3 - Prob. 58ECh. 14.3 - 59. An efficient solution for solving traveling...Ch. 14.3 - Make Sense? In Exercises60-63, determine whether...Ch. 14.3 - Prob. 61ECh. 14.3 - Prob. 62ECh. 14.3 - Make Sense? In Exercises 60-63, determine whether...Ch. 14.3 - Prob. 64ECh. 14.3 - Ambassadors from countries A, B, C, D, E, and F...Ch. 14.3 - 66. In this group exercise, you will create and...Ch. 14.4 - CHECK POINT I Which graph in Figure 14.51 is a...Ch. 14.4 - Prob. 2CPCh. 14.4 - Prob. 3CPCh. 14.4 - Prob. 1CVCCh. 14.4 - Prob. 2CVCCh. 14.4 - Prob. 3CVCCh. 14.4 - Prob. 4CVCCh. 14.4 - Prob. 5CVCCh. 14.4 - Prob. 6CVCCh. 14.4 - Prob. 1ECh. 14.4 - Prob. 2ECh. 14.4 - Prob. 3ECh. 14.4 - Prob. 4ECh. 14.4 - Prob. 5ECh. 14.4 - Prob. 6ECh. 14.4 - Prob. 7ECh. 14.4 - Prob. 8ECh. 14.4 - Prob. 9ECh. 14.4 - Prob. 10ECh. 14.4 - Prob. 11ECh. 14.4 - Prob. 12ECh. 14.4 - Prob. 13ECh. 14.4 - Prob. 14ECh. 14.4 - Prob. 15ECh. 14.4 - Prob. 16ECh. 14.4 - Prob. 17ECh. 14.4 - Prob. 18ECh. 14.4 - Prob. 19ECh. 14.4 - Prob. 20ECh. 14.4 - Prob. 21ECh. 14.4 - Prob. 22ECh. 14.4 - Prob. 23ECh. 14.4 - Prob. 24ECh. 14.4 - Prob. 25ECh. 14.4 - Prob. 26ECh. 14.4 - Prob. 27ECh. 14.4 - Prob. 28ECh. 14.4 - Prob. 29ECh. 14.4 - Prob. 30ECh. 14.4 - Prob. 31ECh. 14.4 - Prob. 32ECh. 14.4 - Prob. 33ECh. 14.4 - Prob. 34ECh. 14.4 - Prob. 35ECh. 14.4 - Prob. 36ECh. 14.4 - Prob. 37ECh. 14.4 - Prob. 38ECh. 14.4 - A college campus plans to provide awnings above...Ch. 14.4 - Prob. 40ECh. 14.4 - Prob. 41ECh. 14.4 - Prob. 42ECh. 14.4 - Prob. 43ECh. 14.4 - Prob. 44ECh. 14.4 - Prob. 45ECh. 14.4 - Prob. 46ECh. 14.4 - Prob. 47ECh. 14.4 - Prob. 48ECh. 14.4 - Prob. 49ECh. 14.4 - Prob. 50ECh. 14.4 - Prob. 51ECh. 14.4 - Make Sense? In Exercises52-55, determine whether...Ch. 14.4 - Prob. 53ECh. 14.4 - Make Sense? In Exercises52-55, determine whether...Ch. 14.4 - Prob. 55ECh. 14.4 - Prob. 56ECh. 14.4 - Prob. 57ECh. 14.4 - Prob. 58ECh. 14 - Prob. 1TCh. 14 - Prob. 2TCh. 14 - In Exercises 1-4, use the following graph. Use...Ch. 14 - Prob. 4TCh. 14 - Prob. 5TCh. 14 - Prob. 6TCh. 14 - Prob. 7TCh. 14 - Prob. 8TCh. 14 - Prob. 9TCh. 14 - 10. a. Draw a graph that models the layout of the...Ch. 14 - Prob. 11TCh. 14 - Prob. 12TCh. 14 - 13 Find two Hamilton circuits in the graph shown....Ch. 14 - Prob. 14TCh. 14 - Prob. 15TCh. 14 - Prob. 16TCh. 14 - Prob. 17TCh. 14 - Prob. 18TCh. 14 - Prob. 19TCh. 14 - Prob. 20TCh. 14 - Explain why the two figures show equivalent...Ch. 14 - In Exercises 2-8, use the following graph. 2....Ch. 14 - Prob. 3RECh. 14 - Prob. 4RECh. 14 - Prob. 5RECh. 14 - Prob. 6RECh. 14 - Prob. 7RECh. 14 - Prob. 8RECh. 14 - Prob. 9RECh. 14 - Prob. 10RECh. 14 - Prob. 11RECh. 14 - Prob. 12RECh. 14 - Prob. 13RECh. 14 - In Exercises 13-15, a graph is given. a. Determine...Ch. 14 - In Exercises 13-15, a graph is given. a. Determine...Ch. 14 - Use Fleury’s Algorithm to find an Euler path.Ch. 14 - Prob. 17RECh. 14 - Prob. 18RECh. 14 - Refer to Exercise 11. Use your graph to determine...Ch. 14 - Refer to Exercise 12. a. Use your graph to...Ch. 14 - Prob. 21RECh. 14 - Prob. 22RECh. 14 - Prob. 23RECh. 14 - For each graph in Exercises 24-27 a. Determine if...Ch. 14 - Prob. 25RECh. 14 - Prob. 26RECh. 14 - Prob. 27RECh. 14 - Prob. 28RECh. 14 - Prob. 29RECh. 14 - Prob. 30RECh. 14 - Use the Nearest Neighbor Method to find a Hamilton...Ch. 14 - Prob. 32RECh. 14 - Prob. 33RECh. 14 - Prob. 34RECh. 14 - Prob. 35RECh. 14 - Prob. 36RECh. 14 - Prob. 37RECh. 14 - Prob. 38RECh. 14 - Prob. 39RECh. 14 - Prob. 40RECh. 14 - 41. A fiber-optic cable system is to be installed...
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